305 NE 1st AveCrystal RiverFL34429
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Crystal River at 305 NE 1st Ave, Crystal River, FL, 34429 with 5% annual appreciation on a $429,000 basis while $2,372/mo rent supports operations. 9% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 6.63%. Five-year ROI measures 81.93% and total cumulative return in cash totals $116,509. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,372/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Amy Messer • Meek Real Estate
Mls Name: Realtors Association of Citrus County
Mls ID: #849924